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Tuesday, October 14, 2014
The top management of Hyundai Heavy Industries, South Korea's top shipbuilder, on Sunday asked all of its executives except for the chairmen and CEO to file for resignation.
Monday, October 13, 2014
Reports indicate that the Ministry of Economic Affairs (MOEA) on Wednesday is poised to unveil an NT$10 billion initiative to elevate the competitiveness of Taiwan's industries.
China's economic rise poses challenge for IMF
The International Monetary Fund was launched in 1944 with the world's new superpower, the United States, in position as the key force and shareholder in the global crisis bank.
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Manila's creaking train network means a miserable three-hour work commute for salesman Gerard Galang — just one example of major infrastructure woes that analysts say threaten to cool the Philippines' red-hot economy.
Thailand's rubber farmers wheeze after prices slump
As rubber prices slump, hard-up farmers in Thailand — the world's top producer of the commodity — are appealing for a bailout, testing the junta's resolve to end populist policies and an entrenched subsidy culture.
Sunday, October 12, 2014
Taiwan's local bourse is expected to remain competitive even if a new Shanghai-Hong Kong stock link mechanism goes into effect, because the valuation of the domestic equity market is still at a reasonable level, the Financial Supervisory Commission (FSC) said Saturday.
Major Taiwanese high-tech companies have set their sights on the industrial computer sector, trying to use the business as a springboard to seize a larger share in the fast growing Internet of Things (IoT), market sources said Saturday.
Department stores in Taiwan are expected to set a new record for sales in 2014 because of strong private consumption growth fueled by the domestic economic recovery, the Ministry of Economic Affairs (MOEA) said Saturday.
Sales in Taiwan's machine tool sector are expected to grow in the fourth quarter from a quarter earlier because manufacturers' efforts to enter niche model production will offset the adversary impact from slow season effects, market sources said Saturday.
Saturday, October 11, 2014
Taiwan's major integrated circuit packaging and testing services providers are strengthening their high-tech processes to meet rising demand for applications in the Internet of Things (IoT, 物聯網), cloud technology and fourth generation (4G) telecom networks, market analysts said Friday.
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